10.08.2022 16:24:45

DGAP-News: Mynaric Selected for Next Phase of DARPA Program

DGAP-News: Mynaric AG / Key word(s): Contract
Mynaric Selected for Next Phase of DARPA Program

10.08.2022 / 16:24 CET/CEST
The issuer is solely responsible for the content of this announcement.


Phase 1 Goal to Develop Benchtop Model of Next-Generation Optical Communications Terminal for Proliferated Space Domain

 

LOS ANGELES, August 10, 2022 Mynaric has been selected as a key development [TD1][KH2]partner to create a benchtop model of a next-generation optical communications terminal as part of Phase 1 of the Space-based adaptive communications node (Space-BACN) program of the Defense Advanced Research Projects Agency (DARPA). DARPAs Space-BACN program envisions a low-cost, scalable optical communications terminal that could be reconfigured to work with various optical intersatellite link standards allowing seamless communication among government and private-sector proprietary satellites. The announcement follows the selection of Mynaric to participate in the Space-BACN programs Phase 0 at the end of last year and represents Mynarics continued success with U.S. government customers that are a driving force for the deployment of space-based, optical communication capabilities.

Our long-standing goal to develop and manufacture scalable, cost-effective and industrialized[TD3] optical communications terminals is well aligned with the objectives of DARPAs Space-BACN program, said Joachim Horwath, CTO of Mynaric. Providing an adaptable solution that can operate with any other terminal irrespective of an implemented laser communications standard and without compromising on performance and affordability is an important technical challenge. Its a task we are more than happy to tackle for DARPA and that we consider as crucial for the development of future products.

The 14-month Phase 1 of the Space-BACN program follows the 15-week Phase 0, which was focused on developing the architectural design of the terminal. Additionally, it precedes the 20-month Phase 2 which aims to build a prototype version of the future product.

Laser communications is widely considered as the emerging backbone and the optical fiber equivalent for space-based communication networks, said Tina Ghataore, CCO of Mynaric. Unleashing the full utility of these networks will require seamless integration and interoperability between optical communication architectures of governmental and commercial customers. We are honored to be able to continue to contribute to these efforts for DARPA.

Mynaric is pushing the industry with an aggressive product development and engineering roadmap with industrialized products that reduce size, weight, power and cost without compromising performance. The CONDOR Mk3 optical communications terminal already offers configurable data rate speeds between 100 Mbps and 100 Gbps delivering higher speeds based on the mission and ensuring compatibility with the Space Development Agencys interoperability standard among others. 

About Mynaric 

Mynaric (Nasdaq: MYNA; Frankfurt Stock Exchange: M0Y) is leading the industrial revolution of laser communications by producing optical communications terminals for air, space and mobile applications. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C.

For more information, visit mynaric.com



10.08.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Mynaric AG
Dornierstr. 19
82205 Gilching
Germany
Phone: +49 8105 7999 0
E-mail: comms@mynaric.com
Internet: www.mynaric.com
ISIN: DE000A0JCY11
WKN: A0JCY1
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1417673

 
End of News DGAP News Service

1417673  10.08.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1417673&application_name=news&site_id=smarthouse

Analysen zu Mynaricmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!